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Up-to-the-minute news from our press teams providing the latest developments within Savills, and across the property industry.  

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News

Industrial and Logistics

Dublin's Industrial Space Take-Up Soars 11% YTD Amidst Sustained Demand, Savills Ireland Reports

"Dublin's industrial and logistics property sector experienced significant growth in the first three quarters of 2023, as sustained demand pushed take-up to 690,000 sq ft across 22 deals in Q3, reports property advisor, Savills Ireland, in its latest market report. This robust activity places the year-to-date take-up at 2.3m sq ft, marking an 11% increase compared to the five-year average."

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News

Commercial Investment

Berlin, Amsterdam, Madrid and Munich offices now offer ‘fair value’ as European prime office yields move out a further 20 bps during Q3

"Office assets in Berlin, Amsterdam, Madrid and Munich now all sit within fair pricing territory and require the lowest capital value corrections in Europe, according to new analysis by Savills. The international real estate advisor says that these markets all saw outward yield movement in Q3 2023 while low vacancy rates look set to continue to support their rental growth over the next 12-18 months. "

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